Benefits Of Buying A Used Car
There are a lot of questions you have to ask yourself when it comes time to purchase a new car. The first question that you should ask yourself is if you want to buy a brand new car or a used one. Last week, we discussed the benefits of buying a new vehicle, however, there are benefits to buying used as well. So this week, to help you make a well-rounded decision, here are the benefits to purchasing a used vehicle.
1. Lower Price Tag
While it's nice to own a brand new car that no one has ever owned before with that glorious new car smell and feel, it comes at a cost. That new car smell, brand new upholstery and single digit mileage don't come cheap either. The difference between a used car and a new car is around $20,000 on average.
2. Less Depreciation
Not only are new cars more expensive, they also start losing value the moment you drive it off the lot. In addition to losing a large portion of their value immediately, when you own a new car, even normal wear and tear can make you bummed out. With a used car, there is no depreciation the second you purchase, and you don't need to worry about the first ding or rock chip, as most likely the previous owner took care of that for you.
3. Reduced Insurance Costs
While there are a lot of factors that go into how much insurance will cost you, one thing that they take into account is the value of the car. Since used cars are typically less expensive, they're less expensive to insure. It pays to do a bit of research when it comes to buying insurance on a used vehicle, as insurance costs can be even lower, as some elements of car insurance can be dropped when you decide to purchase used.
4. Larger Variety
When you are set on buying a new vehicle, your choices are definitely limited. But when you open yourself up to used vehicles, you have a wider selection of inventory to choose from and you're not limited to models that were released over the past couple of years. You have a virtually endless supply of inventory to choose from.
If you're ready to take the plunge and purchase a new car at the Lake of the Ozarks, visit us at Hulett Chevrolet-Buick-GMC! Our expert sales team can help you with every aspect of the buying process from financing to find you that perfect vehicle. We look forward to helping you find your dream car!
513 N. Business Route 5
Sales: 573.317.4191
1. Lower Price Tag
While it's nice to own a brand new car that no one has ever owned before with that glorious new car smell and feel, it comes at a cost. That new car smell, brand new upholstery and single digit mileage don't come cheap either. The difference between a used car and a new car is around $20,000 on average.
2. Less Depreciation
Not only are new cars more expensive, they also start losing value the moment you drive it off the lot. In addition to losing a large portion of their value immediately, when you own a new car, even normal wear and tear can make you bummed out. With a used car, there is no depreciation the second you purchase, and you don't need to worry about the first ding or rock chip, as most likely the previous owner took care of that for you.
3. Reduced Insurance Costs
While there are a lot of factors that go into how much insurance will cost you, one thing that they take into account is the value of the car. Since used cars are typically less expensive, they're less expensive to insure. It pays to do a bit of research when it comes to buying insurance on a used vehicle, as insurance costs can be even lower, as some elements of car insurance can be dropped when you decide to purchase used.
4. Larger Variety
When you are set on buying a new vehicle, your choices are definitely limited. But when you open yourself up to used vehicles, you have a wider selection of inventory to choose from and you're not limited to models that were released over the past couple of years. You have a virtually endless supply of inventory to choose from.
If you're ready to take the plunge and purchase a new car at the Lake of the Ozarks, visit us at Hulett Chevrolet-Buick-GMC! Our expert sales team can help you with every aspect of the buying process from financing to find you that perfect vehicle. We look forward to helping you find your dream car!
That's The Way We Do It At Hulett!
513 N. Business Route 5
Camdenton, MO 65020
Sales: 573.317.4191
Service: 573.317.4195
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